Origix IP in practice

"We have implemented a credit transfer solution, and now require a direct debit solution"Origix IP offers SEPA compliance in modular format, which means it can co-exist alongside your existing SEPA applications. Due to its modular structure, customers can choose elements of the product they need to use today, in this casechoosing direct debits only. This allows a bank to adopt SEPA at its own pace, choosing each module in line with its SEPA growth plans.

"We implemented a short term tactical SEPA solution to achieve compliance, but now find that our growth is restricted. We require a long term, scalable and modular solution that meets the banks ambitious growth plans".The Origix IP solution is secure, proven and currently being used across Europe's banking community, from global tier 1 direct participant banks to tier 4 banks. As a hosted solution, the end users reap many benefits of a multi-tenant environment including ongoing rule book compliance, robust bank grade security and ongoing product enhancements. Origix IP clients are supported by Sentenial's team of SEPA experts – allowing banks to outsource theirSEPA requirements, while avoiding lengthy and costly in-house builds.

"We are a new entrant to European banking market."Sentenial has engaged in projects with non-European banking entities expanding into the European market. Although these are established banks, they lack the necessary SEPA expertise and knowledge and are constrained by the need to rapidly implement a SEPA compliant solution. Sentenial's SEPA experts engage with these banks to ensure they achieve SEPA compliance in a short as possible timeframe.

"Our bank does not currently offer origination services but we plan to in the future".Origix IP addresses not only the compliance gap but also allows a bank to compete in the SEPA origination space, by providing a solution to a bank's corporate and SME sectors.